LMP calls for wage increase to match inflation in public sector

Annual inflation reaches double digits

Consumer prices in Hungary rose by an annual 10.7 percent in May, up from 9.5 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.

Industrial output slows as automotive sector sputters

Output of Hungary's industrial sector rose by an annual 3.1 percent in April, slowing from 3.6 percent in the previous month, as output of automotive companies continued to shrink, the Central Statistical Office (KSH) said in a first reading of data on Wednesday.

Retail sales climb 15.7 percent in April

Retail sales in Hungary rose by an annual 15.7 percent in April, the Central Statistical Office (KSH) said on Friday. Adjusted for calendar year effects, retail sales climbed by 15.8 percent, showing double-digit growth for the second month in a row.

Hungary economy expands 8.2 percent in Q1, KSH confirms

Hungary's GDP grew by 8.2 percent year-on-year in the first quarter, the Central Statistical Office (KSH) said in a second reading of data on Wednesday. Adjusted for seasonal and calendar year effects, first-quarter GDP rose by 8.0 percent year-on-year. In a quarter-on-quarter comparison, adjusted ...

PMI reaches 51.5 in May

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 51.5 points in May, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Wednesday.

Investment volume up by 8.7 percent in Q1

Investment volume in Hungary rose by an annual 8.7 percent in the first quarter of 2022, supported by investments from businesses and growing activity by households, the Central Statistical Office (KSH) said on Monday.